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Moneta Gold Inc Com MPUCF


Primary Symbol: MEAUF

Moneta Porcupine Mines Inc is a gold exploration company. The firm holds land in the Timmins Gold Camp including a joint venture with Kirkland Lake Gold Corporation. The company's flagship project, covering the Golden Highway and Garrison Gold Projects is located near Timmins and hosts a total indicated resource of 3,967,000 ounces gold contained and a total of 4,399,000 ounces gold inferred. Preliminary economic assessment studies were completed on the Garrison open pit resources and the...


OTCQX:MEAUF - Post by User

Bullboard Posts
Post by skii1on Jan 24, 2012 12:20pm
418 Views
Post# 19442083

a few things

a few things

I was also wondering abt s/h rights plan--forgot to ask Ian about that the last time we spoke.  Good to see some news on that today, although more importantly, this news is coming out amidst a weak but strengthening market, as opposed to a pathetically weak and weakening market when the 43-101 was announced originally--so todays news serves to "remind" the market about the incredible value this company represents.

-strong insider interest -- Ian owns several million shares personally, and he basically runs the entire company himself

-sub $40M mkt cap with 3.1M ounces

-politically safe Ontario

Ian also told mentioned that assumptions used in the 43101 were highly conservative.

Look for big things to come

Bullboard Posts